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KFFLF (KEFI Gold and Copper) Accounts Receivable : $0.85 Mil (As of Jun. 2024)


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What is KEFI Gold and Copper Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. KEFI Gold and Copper's accounts receivables for the quarter that ended in Jun. 2024 was $0.85 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. KEFI Gold and Copper's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.00.


KEFI Gold and Copper Accounts Receivable Historical Data

The historical data trend for KEFI Gold and Copper's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KEFI Gold and Copper Accounts Receivable Chart

KEFI Gold and Copper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

KEFI Gold and Copper Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.81 - 0.85

KEFI Gold and Copper Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


KEFI Gold and Copper Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

KEFI Gold and Copper's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.846/0*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), KEFI Gold and Copper's accounts receivable are only considered to be worth 75% of book value:

KEFI Gold and Copper's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.249+0.75 * 0.846+0.5 * 0-15.274
-0-2.331)/6059.093
=-0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


KEFI Gold and Copper Accounts Receivable Related Terms

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KEFI Gold and Copper Business Description

Traded in Other Exchanges
Address
2 Ayiou Pavlou and Kadmou Street, Wisdom Tower, 1st Floor, Nicosia, CYP, 1105
KEFI Gold and Copper PLC is an exploration and development company with a focus on gold and copper. Its principal activities include the exploration of mineral deposits of precious base metals and other minerals that are capable of commercial exploitation, including topographical, geological, geochemical, and geophysical studies and exploratory drilling. It focuses on the Arabian-Nubian Shield and operates through the Mineral Exploration and Corporate segments. It has operations in Saudi Arabia, Ethiopia, Cyprus, Turkey, and Bulgaria. Its projects include the Tulu Kapi project, Jibal Qutman EL, and Hawiah EL.

KEFI Gold and Copper Headlines

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